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SoFi stock down 33% YTD, but CEO buys shares and new stablecoin launch spark rebound hopes.

Market News
24 Jun 2026
ETF Trends
View Source
Bullish
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SoFi Technologies has seen its stock drop nearly 33% year-to-date, but some investors believe the market is undervaluing the company's capital-lite business model and growth potential. CEO Anthony Noto's recent share purchases and SoFi's launch of the SoFiUSD stablecoin, the first by a national bank with reserves held at the Fed, highlight positive developments. Additionally, SoFi's transition to a fee-generating model and acquisition of AI-driven investing platform Composer Securities add to its growth story. These factors suggest the stock could rebound, making leveraged ETFs like Direxion Daily SOFI Bull 2X (SOFA) attractive for traders.

More News (SOFI)

SoFi stock seen rebounding 13% in 12 months on strong growth and innovation despite 2026 setbacks.

SoFi stock seen rebounding 13% in 12 months on strong growth and innovation despite 2026 setbacks.

SoFi Technologies has faced a tough 2026 with its stock down nearly 34% year-to-date, but recent earnings and strategic moves suggest a turnaround. The company posted strong Q1 results with record loan originations and net income growth, and has laun...

Analyst Insights
Bullish
4 hours ago
SoFi grows revenue 43% with new products; Ally focuses on auto lending, beats EPS estimates.

SoFi grows revenue 43% with new products; Ally focuses on auto lending, beats EPS estimates.

SoFi Technologies reported a strong Q1 2026 with 43% revenue growth to $1.10 billion, driven by new products like a stablecoin and business banking, and record loan originations. Meanwhile, Ally Financial took a focused approach, selling off non-core...

Company Fundamentals
Neutral
2 days ago
Top high-yield savings accounts offer up to 5.00% APY in 2026, urging savers to act now.

Top high-yield savings accounts offer up to 5.00% APY in 2026, urging savers to act now.

In 2026, several high-yield savings accounts (HYSAs) are offering attractive interest rates up to 5.00% APY, significantly higher than the national average of 0.38%. Accounts like CIT Platinum Savings provide up to 4.10% APY with promotional boosts f...

Market News
Bullish
2 days ago
SoFi holds strong buy rating despite near-term risks and premium valuation at $15 level

SoFi holds strong buy rating despite near-term risks and premium valuation at $15 level

SoFi Technologies is consolidating near $15 with a premium valuation of 28x forward earnings. Its growth depends on expanding membership, increasing products per member, and a strong lending business. While interest rate challenges and uncertainties ...

Analyst Insights
Bullish
2 days ago
SoFi posts 41% revenue growth, $40.2B deposits, and $3B loan originations with 35% upside potential.

SoFi posts 41% revenue growth, $40.2B deposits, and $3B loan originations with 35% upside potential.

SoFi Technologies reported strong Q1 results with 41% revenue growth and 62% EBITDA growth, generating over $1 billion in quarterly cash revenue. Deposits reached $40.2 billion, supporting a net interest margin of 5.94% and funding nearly the entire ...

Analyst Insights
Bullish
2 days ago
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